For Sale: Park Rapids MLS# 6630601
Active
$450,000
Commercial: 1 Story
Built 1988
4.56 acres
Park Rapids schools
MLS# 6630601
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Property Description
Turnkey Restaurant & Bar Opportunity in Park Rapids, MN – The Silver Star Saloon & Eatery. Here’s your chance to own a thriving restaurant and bar in the heart of Park Rapids! The Silver Star Saloon & Eatery offers the perfect mix of rustic Northwoods charm and modern updates.
This property has been home to a successful restaurant for over 30 years, earning a loyal local following and steady customer traffic. Highlights include: warm, inviting ambiance with a cozy fireplace and Northwoods décor, 76 dining seats, 25 bar seats, plus a spacious outdoor patio with 34 seats, Outdoor volleyball court and newly expanded back patio with a cement slab and fencing for additional seating. Sale includes all fixtures, kitchen equipment, salad bar station, and more – truly turnkey. Recent improvements: Remodeled entryway, new flooring in entry and bar, a brand-new bar, updated tables, chairs, and stylish light fixtures throughout. Located off of high-traffic Hwy 34, with ample parking and the opportunity to add roadside signage for increased visibility. This is an excellent opportunity for the right buyer to step into an established location with great potential and make it their own. Whether you're an experienced operator or an ambitious entrepreneur, The Silver Star is ready for its next chapter.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Property Type:
Commercial
City:
Park Rapids
Garage Spaces:
0
County:
Hubbard
Year Built:
1988
State:
MN
Property Style:
1 Story
Zip Code:
56470
Interior
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
100
Air Conditioning:
Central Air
Foundation Size:
5,790 ft2
Foundation Dimensions:
69 x 83
Handicap Accessible:
Doors 36"+, Fully Wheelchair, Hallways 42"+, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
- Fireplace(s)
- Forced Air
- Other
Parking Features:
- Gravel
- Open
- Parking Lot
Road Frontage:
- Paved Streets
- Township
Exterior Material:
Log
Roof Details:
Asphalt
Lot & Land
Acres:
4.56
Geolocation:
46.923527, -95.017251
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Land
Lot Dimensions:
459 x 217 IRR
Addl Parcels:
321904800
Zoning:
Business/Commercial
Lot Description:
- Irregular Lot
- Some Trees
Farm
Topography:
Level
Schools
School District:
309
District Phone:
218-237-6500
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$8,169
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,930
Units
Total Units:
2
Miscellaneous
Current Use:
- Bar/Tavern
- Food Service
- Restaurant
Fuel System:
- Pellet
- Propane
Sewer System:
- Private Sewer
- Tank with Drainage Field
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
- Drilled
- Well
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Listing provided by RMLS,
courtesy of Coldwell Banker Crown Realtors.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.